Finding Text
Finding 2023-005: Reporting
Information About the Program: All Programs
Criteria: Grantor requires NFHA to submit financial and programmatic reports in accordance with
the schedules indicated in its grant agreements. Internal controls should provide management with
the ability to report the measurement of the recipient's performance to show achievement of program
goals and objectives, share lessons learned, improve program outcomes, and foster adoption of
promising practices (2 CFR §200.301(a)). NFHA's financial management systems, including records
documenting compliance with Federal statutes, regulations, and the terms and conditions of the
Federal award, must be sufficient to permit the preparation of reports required by general and
program-specific terms and conditions; and the tracing of funds to a level of expenditures adequate
to establish that such funds have been used according to the Federal statutes, regulations, and the
terms and conditions of the Federal award.
Condition: During our audit, we noted that there is no documented review specifically on
programmatic reports.
Cause: Programmatic reports are reviewed along with financial reports, but there is no formal
documentation to verify programmatic reports were reviewed before submission.
Effect or Potential Effect: The performance progress according to the Federal award(s) may not be
monitored, thus having potential unallowable costs or unallowable activities.
Questioned Costs: None.
Context: Programmatic reports did not have documented approval.
Identification as a Repeat Finding: Not applicable.
Recommendation: We also recommend NFHA implement a formal and documented review and
approval process over programmatic reporting.